Streaming platforms have become one of the music industry's biggest sources of revenue, surpassing physical sales and digital downloads. While the music industry is seeing a surge for streaming, it is still catching up to shift of the digital age. Streaming is still not a direct path to riches for songwriters. (Learn about how the Music Modernization Act is trying to change this here).
It's no secret that many streaming services have emerged over the last few years, and you should know that they all pay a little differently. (You can learn how streams translate into royalties in this blog post).
The diagram below shows the rates per stream for many streaming platforms. It should be noted that this is for the stream as a whole including the master recording, not just the publishing royalties. As the songwriter, you will earn royalties on the composition only.
You can also find a list of all of our digital royalty sources here!